Mismanaged Pension Funds
Asabri’s service to the insurance participants has often been perceived poorly. The negative sentiment is exacerbated by the company’s losses and a decline in the company’s accumulated pension premiums throughout 2019.
AFTER receiving the last queue number, Roro Warid had to wait for her turn at Asabri until the afternoon of Friday, November 6. It was the second time she went to Asabri’s main office for the same purpose: to ask about her stalled monthly pension. Usually, less than Rp5 million would be transferred into her account on the first day of every month. “Now it’s already the fifth and it’s not there,” she said.